Accountancy, asked by pranitadike02, 10 months ago

opinion on non profit organization and profit organization​

Answers

Answered by rtnair123
3

Answer:

A nonprofit generally refers to an organization that qualifies for special tax status under section 501(c)(3) of the U.S. tax code. The key difference between a for-profit and a nonprofit is that one is organized to make money for its owners and the other is not.

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